North Carolina Senator Richard Burr announced his decision to temporarily step down as chairman of the Intelligence Committee during a federal investigation into his alleged insider trading activities.
The speculation of insider trading came about after reports surfaced that Burr allegedly sold stocks after attending secret briefings on the threat of the Wuhan virus pandemic.
“Senator Burr contacted me this morning to inform me of his decision to step aside as chairman of the Intelligence Committee during the pendency of the investigation,” Senate Majority Leader Mitch McConnell declared in a statement. “We agreed that this decision would be in the best interests of the committee and will be effective at the end of the day tomorrow.”
Burr was part of a group of senators who sold holdings earlier in 2020 when intelligence officials were holding closed-door meetings about the looming threat of the Wuhan virus. Burr has denied partaking in illegal insider trading activities.
The North Carolina Senator will not run for re-election in 2022.
Burr said in a statement that his decision to step down from his position was needed so that the committee could “continue its essential work free of external distractions.”
Burr’s office has maintained that his stock sales were not connected to any information he received through his position as leader of the Intelligence Committee, which receives multiple briefings about threats the country is potentially facing.
The North Carolina Senator sold 33 stocks on February 13 with a total value ranging from $628,000 and $1.7 million, as stated in his disclosure form. ProPublica first reported the sales. Three of the assets that Burr sold were in hotel companies, which have seen their value collapse due to the global lockdowns caused by the Wuhan virus pandemic.
The Stock Act of 2012 has banned members of Congress and federal officials from trading on nonpublic information about regulatory or legislative decisions that has yet to be decided on. The law also mandated them to publicly disclose stock transactions within 45 days after realizing them, on top of the annual disclosure listing assets and liabilities.
Ideally, Burr would resign from the Senate altogether. Such graft should not be tolerated in Congress.
Man Who Brutally Assaulted Michigan Nursing Home Resident Arrested, Charged, and Named
The brute’s name is Jayden Hayden.
The perpetrator of a horrific taped assault at a patient at a Michigan nursing home has been arrested, charged, and finally named.
Detroit Police arrested 20-year old Jayden Hayden of Ypsilanti, Michigan on Sunday morning. Hayden is being charged with assault with intent to do great bodily harm, larceny in a building and two counts of financial transaction device, steal/retain without consent.
The financial crimes relate to Hayden allegedly stealing the credit cards of 75-year old Norman Bledsoe.
The conscience of the nation had been shocked when video of Hayden brutally assaulting the senior citizen in a nursing home bedroom went viral. President Trump himself expressed his shock at the callous footage, in which Hayden repeatedly punched and beat the U.S. Army veteran.
— James Woods (@RealJamesWoods) May 21, 2020
Hayden has apparently uploaded videos online of other despicable assaults against senior citizens.
Detroit Prosecutor Kym Worthy expressed her resolve to hold Hayden criminally accountable for the heinous crime.
“The alleged actions of this defendant are truly and uniquely disturbing. We must be able to trust our loved ones in specialty care facilities. I truly hope that the facts of this care are one of a kind.” Hayden was arraigned in court on Sunday morning.
New facts of the case seem to suggest that Hayden himself was a short-term resident of the Westwood Nursing Center, as opposed to an employee of the facility, which some had speculated.
Hayden seems to express racist and anti-white beliefs in some of his social media uploads, stating that he believes that “black people are meant to rule the earth.” However, it doesn’t appear as if local authorities are treating the savage, cowardly assault as a hate crime at this point.
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